Ask Question
20 December, 16:52

Hutch technology makes computer monitors, which sell for $500 each. what is the opportunity cost of producing ten monitors?

+4
Answers (1)
  1. 20 December, 17:53
    0
    The answer to the question is:

    "The opportunity cost of producing ten monitors is the other goods that could be produced with the resources that produce the ten monitors."

    Opportunity cost means the profit or benefit someone might have gained but did not because he/she chose another way to do the business.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Hutch technology makes computer monitors, which sell for $500 each. what is the opportunity cost of producing ten monitors? ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers